Hershey to acquire Amplify Snack Brands for $1.6 billion

The Hershey Co. has entered into a definitive agreement to acquire Amplify Snack Brands, Inc. in an all-cash transaction valued at approximately $1.6 billion. Austin, Texas-based Amplify manufactures snacks under the SkinnyPop, Paqui, Tyrrells and Oatmega brands.